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Tag: SECA


Tax Code, Regulations and Guidance

Private Equity and Hedge Funds Take Note: The Tax Court Says Limited Partners Must Pay Self-Employment Taxes

December 6, 2023

Via: National Law Review

In a decision that will come as potentially bad news to many private equity and hedge funds, on November 28, 2023, the U. S. Tax Court opined in Soroban Capital Partners LP versus Comm’r that limited partners in a limited […]


Tax Code, Regulations and Guidance

What Is the 2022 Social Security Tax Limit?

June 27, 2022

Via: Investopedia

How the Social Security Tax Works The Social Security tax, also known as the “Old-Age, Survivors, and Disability Insurance (OASDI) tax,” funds the Social Security program in the United States. As of September 2021, more than 65 million people were […]


Tax Code, Regulations and Guidance

Self Employed Contributions Act Tax – SECA Tax

August 7, 2018

Via: Investopedia

BREAKING DOWN ‘Self Employed Contributions Act Tax – SECA Tax’ The Self-Employment Contributions Act (SECA) of 1954 is a tax law that requires self-employed persons or owners of small businesses to pay both the employer and employee portions of the […]